Technical Analysis for MRE - Martinrea International Inc.
|Grade||Last Price||% Change||Price Change|
MRE closed down 2.95 percent on Wednesday, September 18, 2019, on 1.93 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
|Weak or Absent||Down||Up||Down|
|See historical MRE trend table...|
|Date||Alert Name||Type||% Chg|
|Fell Below 200 DMA||Bearish||0.00%|
|Doji - Bearish?||Reversal||-4.44%|
|Upper Bollinger Band Walk||Strength||-4.44%|
|Upper Bollinger Band Walk||Strength||-3.78%|
|Upper Bollinger Band Touch||Strength||-3.78%|
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Martinrea International Inc. is a Canada-based company engaged in the development and production of metal parts, assemblies and modules, fluid management systems and complex aluminum products focused primarily on the automotive sector. The Company's segments are North America, Europe and Rest of the World. It serves various vehicle manufacturers, as well as automotive suppliers and also serves other industrial sectors across the world. The Company's products are suspension and chassis metal components; body and structure metal components; aluminum components; chassis modules; fluid and air handling systems, and fabricated assemblies. It also provides custom parts and assemblies' production for lower volume assembly lines, such as bus, recreational vehicles, air conditioning systems, military applications and farm appliance manufacturing. It operates over 40 operating divisions in Canada, the United States, Mexico, Brazil, Germany, Slovakia, Spain and China.
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|Indicator||Bull Case||Neutral / Hold||Bear Case|
|Oversold / Overbought|
|Summary:||Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.|
See more MRE news...
|52 Week High||15.51|
|52 Week Low||9.33|
|200-Day Moving Average||11.3231|
|50-Day Moving Average||10.5032|
|20-Day Moving Average||10.618|
|10-Day Moving Average||11.307|
|Average True Range||0.3683|
|Chandelier Exit (Long, 3 ATRs )||10.7551|
|Chandelier Exit (Short, 3 ATRs )||10.554899999999999|
|Upper Bollinger Band||12.126|
|Lower Bollinger Band||9.11|
|Percent B (%b)||0.69|
|MACD Signal Line||0.2436|
|Market Cap||971.2 Million|
|Num Shares||86.7 Million|
|Price-to-Earnings (P/E) Ratio||6.44|
|Pivot Point Level||Traditional / Classic||Fibonacci||Demark||Woodie||Camarilla|
|Resistance 4 (R4)||11.785|
|Resistance 3 (R3)||11.843||11.707||11.688|
|Resistance 2 (R2)||11.707||11.558||11.678||11.655|
|Resistance 1 (R1)||11.453||11.466||11.385||11.395||11.622|
|Support 1 (S1)||11.063||11.168||10.995||11.005||10.778|
|Support 2 (S2)||10.927||11.076||10.898||10.745|
|Support 3 (S3)||10.673||10.927||10.713|
|Support 4 (S4)||10.615|